Market Overview

Jon Najarian Sees Unusual Options Activity In The Airlines Sector

Share:
Related LUV
Southwest Airlines November Traffic Up, RASM View Raised
The Transportation Sector Just Had Its Best Day Of 2017
Related
Texting Turns 25: A Look At Its Transformative Role In US Commerce
Amid Grocery Delivery Shutdowns, It Appears Even Amazon Cares About Costs

On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about unusually high options activity in JetBlue Airways Corporation (NASDAQ: JBLU), Southwest Airlines Co (NYSE: LUV) and American Airlines Group Inc (NASDAQ: AAL).

He said that options traders were buying the Oct. 18 calls and the Nov. 20 calls in JetBlue. The stock is trading more than 6.5 percent higher on Tuesday.

Southwest is also trading sharply higher. It spiked around 4 percent and options traders were buying the Jan. 55 calls.

Najarian added that there was also a big volume in the November 50 calls in American Airlines. The stock gained around 5 percent on Tuesday.

Posted-In: Fast Money Halftime Report Jon NajarianCNBC Options Markets Media

 

Related Articles (JBLU + AAL)

View Comments and Join the Discussion!

Partner Center